STI chose to appoint an executive from Samsung as their new CEO. It is considered as a move to strengthen their display business.On February 25, STI had made a proposal to appoint Lee Woo-suk as their new CEO at the general meeting of shareholders, which is going to be held on March 22. Kim Jung-you

Kukdo Chemical acquires Samsung SDI Anisotropic Conductive Film (ACF) business unit.According to industry sources on the 20th, Samsung SDI is in talks with Kukdo Chemical to sell its ACF division, which is the core material in connecting display panels to electronic circuits. A final agreement is ex

Led by SK Hynix, it is likely that a 120 trillion won semiconductor cluster will be established in Yongin City, Gyeonggi-do. The parties including companies that will invest in the cluster have chosen Yongin. The race for the cluster among municipal governments nationwide will end, which is now rega

LG Innotek is expected to develop a triple camera to be installed on Apple’s iPhone this year.On the 15th, LG Innotek announced new facility investment of 282.1bn won. The investment targets the mobile camera module, and the investment objective is to strengthen its competitiveness in the optical so

The government's move to incorporate semiconductor equipment technology into the “national core technology” designation has been discovered.Controversy will likely ensue in the semiconductor field as it does among the large panel makers and the small and medium-sized equipment makers over designatin

The government is moving to designate organic light emitting diode (OLED) production equipment as a National Core Technology in spite of the opposition of the equipment industry. The government announced that the revision and notification will be made in the first quarter. A controversy surrounding

Sekonix, the number-one maker of smartphone camera lenses in Korea, will expand its portion of the electric device business based on the stable sales at its plant in Poland. It has already been evaluated that the company succeeded in business diversification and improved its business constitution.A

"The personnel restructuring of mobile communications (MC) business headquarters is over."Kwon Bong-Suk, head of LG Electronics' MC/HE business (president), answered in a press conference on April 15th, "There will be no more restructuring," to a reporter asking, “the number of employees at the MC b

The Samsung Electro-Mechanics’ car camera module will be supplied to Tesla, a US electric car company. Samsung Electro-Mechanics has been developing this project in conjunction with Samsung Semiconductor for two years.According to industry sources on the 15th, Samsung Electro-Mechanics has been mass

Gyo-Young Jin, the head (President) of the memory business division of Samsung Electronics Device Solution (DS) will assume the position of the 11th President of the Korea Semiconductor Industry Association.President Jin was elected as the President based on the unanimous vote by the board of direct

Samsung Electronics will fully automate the smartphone screen assembly process this year. It is expected that the production cost will be reduced by up to 80% as a result of the automation process alone. All Samsung smartphones launched this year will be covered by this process. It is expected that

SKC Kolon PI’s polyimide (PI) varnish line has been put into test operation.On 12th, an SKC Kolon PI official said, “We have started trial operations. If the customer is confirmed, we will start mass production.”PI Varnish is a material required to manufacture flexible organic light emitting diodes

Despite the slowdown in smartphone sales, the camera module industry earnings outlook for the year is positive.Major smartphone camera makers such as Partron, Power Logics, MCNEX and Cammsys are expected to see improved performance as smartphones equipped with multi-cameras are increasing. Some comp

Samsung SDS is aiming at the semiconductor manufacturing logistics platform business.It is Samsung SDS's new business in the field of smart factory service to bundle its wafer transfer control software technology and logistics equipment together to supply to semiconductor manufacturers. Because Sams

Amperex Technology Limited (ATL) of China has started to mass-produce batteries to be installed in Samsung Electronics' new wearable devices.According to the industry on November 11th, Samsung's Wireless Division will hold a Galaxy S10 public event in San Francisco, US on May 20th (local time). At t

The Supreme Court ruled that the Fair Trade Commission should cancel some of the 273.2 billion won penalty imposed on Qualcomm for discriminatory royalties and conditional rebates in 2009.On 11th, the Supreme Court 1st Department (Main Judge Gi-Taek Lee Supreme Court Judge) decided that the Fair Tra

Actro, a maker of smartphone camera module actuators, will complete their Plant 2 in Vietnam in the second quarter. The existing Plant 1 in Vietnam will be exclusively used for actuators, and Plant 2 will be responsible for producing actuator parts and materials. The company plans to actively respon

"Half of Samsung's ultra-large TVs sold in Korea are 8K TVs. This year, the sales target is more than double-digit revenue growth in the premium TV market (typically priced at more than $2500). "Han Jong-Hee, President of Samsung Electronics Visual Display Business, said as such at the ‘QLED 8K’ key

Suprema, a company specialized in providing biometrics solutions such as fingerprint recognition algorithms, is expected to benefit from the commercialization of FOD (Fingerprint On Display) technology.An official from Suprema on 7th said, “we expect significant sales increase in the commercializati

The blooming Multi-Layer Ceramic Capacitor (MLCC) market has been going downhill due to the stagnant domestic economy in China and the decline in global smartphone sales. According to the industry on 7th, inventory growth in warehouses in the MLCC industry has increased due to slowdown in demand. Th